Seeking Alpha

Dow Chemical sodium borohydride unit may be sold to PE firms for $200M

  • Dow Chemical (DOW +1.5%) is seeing interest from P-E firms in buying its sodium borohydride unit for a potential $200M, Reuters reports.
  • Dow Chemical recently said it is targeting $4.5B-$6B in proceeds from the sale of non-strategic assets by year-end 2015, and activist investor Dan Loeb has been putting pressure on the company to deliver more value to shareholders.
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Comments (1)
  • annimhere
    , contributor
    Comments (66) | Send Message
     
    You would think with all these sell offs Dow is doing they could pay a special dividend.
    9 Aug 2014, 01:15 PM Reply Like
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